Government of Dubai issues largest sovereign sukuk ever

From Lawfuel.com: Allen & Overy has advised on the Government of Dubai’s inaugural sukuk issue which is both the largest sovereign sukuk ever and the largest international sukuk from the Middle East in 2009.

The sukuk was issued in two tranches with an aggregate face amount of approximately USD2 billion under a newly established USD2.5bn Trust Certificate Issuance Programme……………………..Full Article: Source